P-1 and C-2 mass-production capacity, 787 production increase and 777X response
First written in FY2016. 13 of 29 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2026.
Kawasaki Heavy Industries moved to the "Worse" side of this theme in 2018.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Business profit increased by ¥6.6 billion from the previous fiscal year to ¥62.4 billion, due to higher revenue and other factors.」
The aerospace systems business's full-year business profit improved to ¥62.4 billion following the recognition of losses related to operational issues in the previous fiscal year, driven by higher revenue and other factors. - 2026-05-12AdvancedFinancial results presentation
「P-1 fixed-wing patrol aircraft: 5 delivered in fiscal 2025」
Reported the delivery of 5 P-1 fixed-wing patrol aircraft in fiscal 2025 as a production and delivery achievement for defense aircraft. - FY2026-H1WorsenedAnnual report
「Business profit declined by ¥15.2 billion year on year to ¥10.1 billion, due to foreign exchange effects, higher fixed costs and other factors.」
The aerospace systems business received more orders and revenue was roughly in line with the same period of the previous year, while business profit declined due to foreign exchange effects and higher fixed costs. - FY2024WorsenedAnnual report
「Business profit and loss deteriorated by ¥29.8 billion from the previous fiscal year to a loss of ¥15.0 billion. Although higher revenue from shared-manufacturing products for the Ministry of Defense and commercial aircraft, among others, contributed to earnings, this was more than offset by the lump-sum recognition of losses related to operational issues with commercial aircraft engines and other factors.」
The aerospace systems business recorded a full-year business loss of ¥15.0 billion, as the lump-sum recognition of losses related to operational issues with commercial aircraft engines outweighed increases in orders and revenue. - FY2024-Q3WorsenedAnnual report
「Business profit and loss deteriorated by ¥49.2 billion year on year to a loss of ¥35.5 billion. Although higher revenue from shared-manufacturing products for the Ministry of Defense and commercial aircraft, among others, contributed to earnings, this was more than offset by the lump-sum recognition of losses related to operational issues with commercial aircraft engines and other factors.」
The aerospace systems business deteriorated from a profit in the previous fiscal year to a loss of ¥35.5 billion, as the lump-sum recognition of losses related to operational issues with commercial aircraft engines outweighed revenue growth in the defense and commercial aviation businesses. - FY2024-Q2WorsenedAnnual report
「Consolidated revenue declined by ¥15.7 billion year on year to ¥129.2 billion. Although revenue increased from shared-manufacturing products for the Ministry of Defense and commercial aircraft, as well as commercial aircraft engines, this was more than offset by the lump-sum recognition of losses related to operational issues with commercial aircraft engines and other factors. Business profit and loss deteriorated by ¥49.7 billion year on year to a loss of ¥52.7 billion. Although higher revenue from shared-manufacturing products for the Ministry of Defense and commercial aircraft, as well as commercial aircraft engines, contributed to earnings, this was more than offset by the lump-sum recognition of losses related to operational issues with commercial aircraft engines and other factors.」
The aerospace systems business deteriorated by ¥49.7 billion year on year to a loss of ¥52.7 billion, as the lump-sum recognition of losses related to operational issues with commercial aircraft engines outweighed revenue growth from commercial aircraft and engine-related businesses. - FY2024-Q1AdvancedAnnual report
「Business profit and loss improved by ¥4.2 billion year on year to a loss of ¥4.6 billion, due to higher revenue and other factors.」
The aerospace systems business narrowed its loss by ¥4.2 billion year on year due to higher revenue and other factors, but a loss of ¥4.6 billion remained. - FY2023AdvancedAnnual report
「Business profit and loss improved by ¥25.2 billion from the previous fiscal year to a profit of ¥14.8 billion, due to higher revenue from shared-manufacturing products for commercial aircraft engines and commercial aircraft, among others.」
The aerospace systems business swung from a loss in the previous fiscal year to a profit of ¥14.8 billion. Profitability is improving against a backdrop of higher revenue from shared-manufacturing products for commercial aircraft and engines and a recovery in demand. - FY2023-Q3AdvancedAnnual report
「Business profit and loss improved by ¥23.2 billion year on year to a profit of ¥13.7 billion, driven by improvements in shared-manufacturing products for commercial aircraft engines and other factors.」
The aerospace systems business swung from a loss in the previous fiscal year to a profit of ¥13.7 billion, driven by improvements in shared-manufacturing products for commercial aircraft engines and other products. - FY2023-Q2AdvancedAnnual report
「Business profit and loss improved by ¥4.6 billion year on year to a loss of ¥3.0 billion, as the improvement in shared-manufacturing products for commercial aircraft engines outweighed the deterioration in shared-manufacturing products for commercial aircraft.」
The aerospace systems business improved by ¥4.6 billion year on year, driven by the improvement in shared-manufacturing products for commercial aircraft engines. However, a loss of ¥3.0 billion remained. - FY2023-Q1WorsenedAnnual report
「Business profit and loss deteriorated by ¥4.6 billion year on year to a loss of ¥8.9 billion, as the deterioration in shared-manufacturing products for the Ministry of Defense and commercial aircraft outweighed the improvement in shared-manufacturing products for commercial aircraft engines.」
The aerospace systems business deteriorated by ¥4.6 billion year on year to a business loss of ¥8.9 billion, due to deterioration in shared-manufacturing products for the Ministry of Defense and commercial aircraft. - FY2022AdvancedAnnual report
「Steadily advancing mass production, including repairs and parts supply for P-1 fixed-wing patrol aircraft and C-2 transport aircraft, and expanding into derivative aircraft; pursuing cost reductions to secure profitability from existing Boeing aircraft and commercial aircraft engines; and reviewing the technology strategy in light of market conditions.」
In addition to conventional mass production and derivative-model support, the company clearly outlined cost reductions and a review of its technology strategy to secure profitability from existing aircraft and commercial aircraft engines. The aerospace business's operating loss improved to ¥9.7 billion, but a loss remained. - FY2022-Q3AdvancedAnnual report
「Despite lower sales, operating income improved by ¥7.8 billion year on year, due in part to improved profitability of parts manufactured under risk-sharing arrangements for commercial aircraft and engines, resulting in an operating loss of ¥11.3 billion.」
The aerospace systems business's operating loss narrowed by ¥7.8 billion year on year due to improved profitability of parts manufactured under risk-sharing arrangements for commercial aircraft and engines. However, an operating loss of ¥11.3 billion remained. - FY2022-Q2AdvancedAnnual report
「Despite lower sales, operating income improved by ¥14.7 billion year on year, due in part to improved profitability of parts manufactured under risk-sharing arrangements for commercial aircraft and engines, resulting in an operating loss of ¥9.1 billion.」
Despite lower sales, the aerospace systems business's operating loss narrowed by ¥14.7 billion year on year due in part to improved profitability of parts manufactured under risk-sharing arrangements for commercial aircraft and engines. However, an operating loss of ¥9.1 billion remained. - FY2022-Q1AdvancedAnnual report
「Operating income improved by ¥12.3 billion year on year, due to higher sales of parts manufactured under risk-sharing arrangements for commercial aircraft and improved profitability of parts manufactured under risk-sharing arrangements for commercial aircraft engines, resulting in an operating loss of ¥5.1 billion.」
The aerospace systems business's operating loss improved by ¥12.3 billion year on year due to higher sales of parts manufactured under risk-sharing arrangements for commercial aircraft and improved profitability of such parts for commercial aircraft engines. However, the ¥5.1 billion loss continued. - FY2021-Q3WorsenedAnnual report
「Operating income deteriorated by ¥39.7 billion year on year due in part to lower sales, resulting in an operating loss of ¥19.2 billion.」
Against a backdrop of lower demand for commercial aircraft and engines due to the spread of COVID-19, the aerospace systems business's operating loss deteriorated by ¥39.7 billion year on year. - FY2021-Q2WorsenedAnnual report
「Operating income deteriorated by ¥33.5 billion year on year due in part to lower sales, resulting in an operating loss of ¥23.8 billion.」
The aerospace systems business reported lower sales against a backdrop of weaker demand for commercial aircraft, engines and other products, and operating income deteriorated by ¥33.5 billion year on year to a loss of ¥23.8 billion. - FY2021-Q1WorsenedAnnual report
「Operating income deteriorated by ¥22.3 billion year on year due in part to lower sales, resulting in an operating loss of ¥17.5 billion.」
Against a backdrop of weak passenger demand due to the spread of COVID-19, demand for commercial aircraft and engines declined, causing the aerospace systems business to deteriorate from operating income in the previous year to an operating loss of ¥17.5 billion. - FY2020-Q3RestatedAnnual report
「Despite higher sales, operating income was ¥20.5 billion, broadly in line with the previous year, due in part to the increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines.」
The aerospace systems business increased revenue, while operating income remained broadly in line with the previous year due to the increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines. - FY2020-Q2Higher sales, but flat profitAnnual report
「Despite higher sales, operating income was ¥9.7 billion, broadly in line with the previous year, due in part to the increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines.」
The aerospace systems business increased revenue due to higher sales to the Ministry of Defense and increased volumes of parts manufactured under risk-sharing arrangements for commercial aircraft and engines, while operating income remained broadly in line with the previous year due to the increased amortization burden for new program development costs. - FY2020-Q1RestatedAnnual report
「Operating income was ¥4.8 billion, broadly in line with the previous year, as higher sales of products supplied to the Ministry of Defense and parts manufactured under risk-sharing arrangements for commercial aircraft were offset by the increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines.」
The increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines continued, while operating income was reported to be broadly in line with the previous year. - FY2019-Q3WorsenedAnnual report
「Operating income decreased by ¥5.3 billion year on year to ¥21.2 billion, due in part to the increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines.」
The increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines reduced operating income in the aerospace systems business by ¥5.3 billion year on year. - FY2019-Q2WorsenedAnnual report
「Operating income decreased by ¥6.2 billion year on year to ¥9.4 billion, due in part to the increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines.」
The increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines reduced operating income in the aerospace systems business by ¥6.2 billion year on year. - FY2019-Q1WorsenedAnnual report
「Operating income decreased by ¥2.6 billion year on year to ¥5.3 billion, due in part to the increased amortization burden for new program development costs for parts manufactured under risk-sharing arrangements for commercial aircraft engines.」
The increased amortization burden for new commercial aircraft engine program development costs reduced operating income in the aerospace systems business by ¥2.6 billion year on year. - FY2018-Q3WorsenedAnnual report
「Consolidated revenue increased by ¥8.5 billion year on year to ¥246.6 billion, due in part to higher sales to the Ministry of Defense despite lower volumes of parts manufactured under risk-sharing arrangements for commercial aircraft. Operating income decreased by ¥5.3 billion year on year to ¥17.3 billion, due in part to lower profitability of such parts.」
Sales to the Ministry of Defense increased, but lower profitability of parts manufactured under risk-sharing arrangements for commercial aircraft continued, reducing operating income by ¥5.3 billion year on year. In addition, a one-time contractual adjustment charge of ¥2.505 billion related to a commercial aircraft engine program was recorded as a non-operating expense. - FY2018-Q2WorsenedAnnual report
「Consolidated orders received increased by ¥52.4 billion year on year to ¥151.3 billion, due in part to higher orders from the Ministry of Defense. Consolidated revenue decreased by ¥0.4 billion year on year to ¥168.5 billion, as higher sales to the Ministry of Defense were offset by lower volumes of parts manufactured under risk-sharing arrangements for commercial aircraft. Operating income decreased by ¥8.3 billion year on year to ¥11.7 billion, due in part to lower profitability of such parts.」
Orders from the Ministry of Defense increased, but lower volumes and profitability of parts manufactured under risk-sharing arrangements for commercial aircraft reduced operating income by ¥8.3 billion year on year. - FY2018-Q1Continued decline in revenue and profit from commercial aircraftAnnual report
「Consolidated orders received increased by ¥5.3 billion year on year to ¥47.0 billion, due in part to higher orders from the Ministry of Defense. Consolidated revenue decreased by ¥6.7 billion year on year to ¥73.3 billion, despite higher sales to the Ministry of Defense, due in part to lower volumes of parts manufactured under risk-sharing arrangements for commercial aircraft. Operating income decreased by ¥5.7 billion year on year to ¥3.7 billion, due to lower revenue and lower profitability of such parts.」
Orders from the Ministry of Defense increased, but lower volumes and profitability of parts manufactured under risk-sharing arrangements for commercial aircraft resulted in lower revenue and profit. - FY2017-Q3Decline in revenue and profit in the commercial aircraft businessAnnual report
「Consolidated orders received decreased by ¥36.1 billion year on year to ¥148.8 billion, due to the stronger yen and a decline in parts manufactured under risk-sharing arrangements for commercial aircraft. Consolidated revenue decreased by ¥12.4 billion year on year to ¥238.1 billion, despite higher sales to the Ministry of Defense, due in part to the stronger yen. Operating income decreased by ¥12.9 billion year on year to ¥22.7 billion, due in part to lower profitability of parts manufactured under risk-sharing arrangements for commercial aircraft.」
Orders received, revenue and operating income in the aerospace business decreased year on year due to lower volumes and profitability of parts manufactured under risk-sharing arrangements for commercial aircraft. - FY2016First statedAnnual report
「Establishing mass-production operations, including repairs and parts supply for P-1 fixed-wing patrol aircraft and C-2 transport aircraft, and expanding into derivative aircraft; increasing production of Boeing 787 parts manufactured under risk-sharing arrangements; responding to derivative aircraft programs; and developing and launching mass production of the 777X.」
The company plans to advance mass production and derivative aircraft programs for both defense and commercial aircraft.